Day: September 23, 2022

Github Partially Reinstates Tornado Cash Codebase, Open Source Code Set to Read-Only Mode – Bitcoin News

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The internet hosting and software development subsidiary of Microsoft, Github, has partially unbanned the Tornado Cash repositories following the recent sanctions enforced by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). Github’s decision follows the U.S. Treasury updating the public, noting that U.S. persons can copy, view, and discuss the open-source code. Github’s partial reinstatement lets repository visitors look at the Tornado Cash codebase in read-only mode. Github Reinstates Tornado Cash Repositories in Read-Only Mode The cryptocurrency community has been discussing the internet hosting and software development platform…

Systematic Investing in Bitcoin & Crypto with CIP (Crypto Investment Plan) #shorts

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CoinDCX launches Crypto Investment Plan or CIP 🎉 Want to be consistent with your crypto investments? Achieve your investment goals, diversify your crypto portfolio, take advantage of rupee cost averaging and compounding with Crypto Investment Plan(CIP). Similar to how systematic investing works for mutual funds, CIP or Crypto Investment Plan in CoinDCX works the same way. Start investing in bitcoin and ethereum systematically by simply adding INR funds to your CoinDCX wallet. Choose the amount you want to invest on a weekly…

Chiliz (CHZ) Leads Gain By Adding Over 30% A Week In Bear

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The outlook of the general crypto market hasn’t been very encouraging in recent times. This week saw most coins losing their daily and weekly price gains. For instance, Bitcoin stayed red in both daily and weekly price gains. Currently, its 24-hour price is showing a drop of 1.83%. But the 7 days movement shows a price loss of 4%. Ethereum has also shown an unimaginable loss in its 7 days price gain. Related Reading: Polkadot Suffers 10% Weekly Loss On Hawkish Fed – Time To Buy DOT? As of September…

Framework to ban members of Congress and SCOTUS from trading stocks includes crypto provision

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Members of the United States House of Representatives and Senate as well as Supreme Court justices currently trading cryptocurrencies may have to stop HODLing while in office should a bill get enough votes. According to a framework released on Thursday, chair Zoe Lofgren of the Committee on House Administration — responsible for the day-to-day operations of the House — said she had a “meaningful and effective plan to combat financial conflicts of interest” in the U.S. Congress by restricting the financial activities of lawmakers and SCOTUS justices, as well as…

Is Bitcoin Mining Still Profitable?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The price of BTC has dropped dramatically so is mining #Bitcoin still profitable? Real Vision’s crypto editor Ash Bennington talks to the CEO of Miningstore, JohnPaul Baric about how the mining industry has been impacted. MiningStore is one of the longest large-scale crypto miners and they are serious builders who support the Bitcoin ecosystem by bringing mining to the masses. This is a conversation for everything you wanted to know about mining but were afraid to ask. Recorded on 14th June. #bitcoinmining…

DID you see what Africa is doing with Web3?

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If you’ve spent any time reading about blockchain and Web3, you know that this industry is filled with big buzzwords and half-baked concepts. But, concepts such as decentralized identity services, or DIDs, bring real meaning and utility to Web3. If you haven’t yet wrapped your mind around DID, it refers to a self-owned, independent identity that enables trusted data exchange. In other words, it puts digital identity management and administration directly in your hands instead of some third party’s.  In this week’s Crypto Biz, we take a look at a…

Crypto Exchange Coinbase Sued Over Patent Infringement

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Algorand Undermines Crypto Bloodbath, Adds Over 27% In A Week

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This week has been eventful in the crypto market. Many cryptocurrencies have recorded massive losses since Monday, September 19. The Merge on September 15 kickstarted another downtrend for crypto prices. Afterward, CPI data made the feds hike the interest rate by 75 basis points, sending assets price downwards.  Related Reading: Bitcoin aSOPR Profit-Loss Junction Continues To Act As Resistance But as these macroeconomic factors push many digital assets down, others resist the pressure and move forward instead.  Algorand ALGO is one of these assets, recording price gains in its 24…